OnBank

[m3racer]

Anyone have any experience with this online bank?

[poundwise]

Just that OnBank is an online account offering from M&T Bank.

A note: M&T Bank is offering an online money market at 3.25% APY but, through OnBank, you can get online savings at 3.49% APY.

Links to both sites can be found in the Online Savings Account listing.

[m3racer]

That's strange. Why would M&T have 2 divisions competing with each other in the same market?